event resulting in a drop in silver prices
Wikipedia
en.wikipedia.org › wiki › Silver_Thursday
Silver Thursday - Wikipedia
February 26, 2026 - Silver Thursday was an event that occurred in the United States silver commodity markets on Thursday, March 27, 1980, following the attempt by brothers Nelson Bunker Hunt, William Herbert Hunt and Lamar Hunt (collectively known as the Hunt Brothers) to corner the silver market.
GoldBroker.com
goldbroker.com › investing-guide › hunt-brothers-corner-silver-market
Silver Thursday: Hunt Brothers' Attempt to Corner the Silver Market | GoldBroker.com
Beginning in 1973, the Hunt brothers started buying massive amounts of physical silver. By 1974, they already controlled tens of millions of ounces, largely stored in Switzerland and transported by aircraft and heavily armed convoys.
Remembering History: The Hunt Brothers and Silver (1979-1980)
I thought that the whole "I lost it all in cocoa futures" was a joke... dammit. Onion futures... really? More on reddit.com
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June 9, 2024Two brothers attempt to corner the silver market. The Silver Rule promptly shuts them down.
the fact that private citizens couldn't own gold and that the bank bailed them out just shows you how rigged everything is. More on reddit.com
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September 18, 2023TIL in 1980 the Hunt brothers tried cornering the world's silver market.
Holy shit, that's one hell of a TIL! I've never heard of this either, so thanks for posting it! More on reddit.com
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June 17, 2020Cornering Silver: The Hunt Brothers' 1980 Gamble and Its Lessons for Today's Investors | Blog Post
Thanks for the post, OP. What are the source materials you used for this article? More on reddit.com
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December 14, 2023Videos
When The World's Richest Brothers Took Over The Silver ...
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How Two Brothers Almost BROKE The Silver Market - YouTube
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Why Two Rich Idiots Wanted ALL THE SILVER on Earth - YouTube
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Silver Cornered By Hunt Brothers? That's NOT What Happened | Mike ...
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The rise and fall of the Billionaire Hunt Brothers - YouTube
The Hunt Brothers - Silver Market
Priceonomics
priceonomics.com › home › home › how the hunt brothers cornered the silver market and then lost it all
How the Hunt Brothers Cornered the Silver Market and Then Lost it All - Priceonomics
March 20, 2022 - In 1988, a New York City jury found for the South American firm, levying a penalty of over $130 million against the Hunts and finding that they had deliberately conspired to corner the silver market.
Reddit
reddit.com › r/wallstreetbets › remembering history: the hunt brothers and silver (1979-1980)
r/wallstreetbets on Reddit: Remembering History: The Hunt Brothers and Silver (1979-1980)
June 9, 2024 -
With all the talk about commodity supercycles, I was reminded of one of the greatest loss porn sagas of the twentieth century - when the brothers Hunt decided to try to corner the silver market.
Here is one account of how that went down.... one heck of a YOLO.....
https://learn.apmex.com/learning-guide/history/silver-thursday-the-hunt-brothers-scheme-2/
<edit> I tried to post this earlier, along the lines of "history may not repeat, but it rhymes"..... but I made the mistake of adding the YOLO flair, which is reserved for new and open trades, and offended one of the automods. So let's just call this 'discussion'.
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I thought that the whole "I lost it all in cocoa futures" was a joke... dammit. Onion futures... really?
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I remember this, it was crazy. People were selling anything with silver in it. Coin collections, silverware, jewelry. Billboards all over the place wanting silver. Thanks for the info, I never knew about these guys.
APMEX
learn.apmex.com › home › silver thursday | the hunt brothers scheme
Silver Thursday | The Hunt Brothers Scheme - APMEX
August 12, 2025 - Believe it or not, the sons of a billionaire oil tycoon once cornered the market on the world’s silver supply, inflating its value by more than 700 percent. Their initial success, followed by a total unraveling of their scheme, is known as ...
Scottsdale Mint
scottsdalemint.com › articles › 2024 › the-hunt-brothers-how-two-billionaires-broke-the-silver-market
The Hunt Brothers: How Two Billionaires Broke the Silver ...
December 9, 2024 - The latest news, articles, satire and guides on Silver and Gold from Scottsdale Mint. Get up to date on product releases and announcements.
Investopedia
investopedia.com › articles › optioninvestor › 09 › silver-thursday-hunt-brothers.asp
Hunt Brothers' Silver Thursday: Market Manipulation Explained
October 24, 2025 - The fallout led to significant ... The Hunt brothers attempted to corner the silver market by accumulating two-thirds of the global privately-owned silver supply....
Monex
monex.com › home › knowledge › insiders view of the hunt brothers silver story and the bullion market of the 1970s
Hunt Brothers Silver Story & the Bullion Market of the 1970s
January 7, 2025 - In fact, according to gold, silver did not rise. [see gold to silver timeline below] Silver kept pace with gold and the dollar’s devaluation for a hundred years. The truth is that the Hunts did not ‘corner’ silver markets, nor the gold markets, oil, gas or any other commodities where prices rose.
Encyclopedia Britannica
britannica.com › politics, law & government › banking & business
Silver Thursday | Causes, Impact, & Aftermath | Britannica
2 weeks ago - The term Silver Thursday refers the dramatic fall in the price of silver on March 27, 1980, following the Hunt brothers’ attempt to corner the market on the metal.
GoldSilver
goldsilver.com › home › industry-news › videos › the hunt brothers silver story is not what you think
The Hunt Brothers Silver Story Is Not What You Think
December 20, 2025 - For decades, investors were told the Hunt brothers “cornered” the silver market and drove prices to $50. Mike Maloney reveals why that story doesn’t hold up—and what really caused one of the most misunderstood moments in monetary history.
Phoenix Refining
phoenixrefining.com › blog › how-two-billionaires-broke-the-silver-market
How Two Billionaires Broke the Silver Market - Phoenix Refining
January 29, 2026 - They came dangerously close to cornering a precious metal critical to industry and culture, bent margin rules to their favor, and nearly brought the U.S. commodities market to its knees.
CNBCTV18
cnbctv18.com › home
Backstory: When Hunt Brothers cornered the silver market in late 70s - CNBC TV18
February 4, 2021 - But the Hunt brothers, instead of squaring up their positions, chose to take delivery of silver. This relentless buying started pushing silver prices higher, all the way to $50 an ounce, from $11.
GoldSilver
goldsilver.com › home › industry-news › articles › the day the hunt brothers capped the price of gold
The Day the Hunt Brothers Capped the Price of Gold
December 10, 2024 - With industrial use exploding and only a thin buffer between supply and demand, a few very large traders could easily induce a price spike. Whispers began floating that the Hunt brothers were attempting to corner the market.
Wikipedia
en.wikipedia.org › wiki › Nelson_Bunker_Hunt
Nelson Bunker Hunt - Wikipedia
2 weeks ago - Beginning in the early 1970s, Hunt and his brothers William Herbert and Lamar began accumulating large amounts of silver on COMEX through Brodsky and Associates. By 1979, they had nearly cornered the global market.
Study.com
study.com › courses › business courses › general business and finance lessons
Silver Thursday History, the Hunt Brothers & Facts | Study.com
The cause of the drop was attributed to the Hunt brothers, who made a concerted effort to corner the silver market through the use of their personal fortunes combined with significant amounts of leverage.
SD Bullion
sdbullion.com › 1980-hunt-brothers-silver-bailout-scapegoating
1980 Hunt Brothers Silver Bailout & Scapegoating
Somehow the fallacy persists that three wealthy brothers from Texas · cornered and drove the price of silver into a bubble in early 1980 which ultimately led to $1 USD billion bailout by the Federal Reserve and other commercial banks. While the Hunts contributed to the $50 USD oz silver price ...
Global Bullion Suppliers
globalbullionsuppliers.com › en-us › blogs › blog › inside-story-hunt-brothers-cornered-silver-market
How The Hunt Brothers Cornered The Silver Market | GBS – Global Bullion Suppliers
March 21, 2018 - It's a saga that almost sounds fictional but it's the real-life story of two American wealthy brothers who cornered the silver market and caused the price of silver to rocket from $2 an ounce (all currency US) to more than $50 an ounce. leaving ...
Shipping and Commodity Academy
shippingandcommodityacademy.com › home › how the hunt brothers cornered the silver market: a historical perspective on market manipulation
How the Hunt Brothers Cornered the Silver Market: A Historical Perspective on Market Manipulation | Shipping and Commodity Academy
October 7, 2024 - They attempted to corner the market by accumulating vast quantities of silver, driving prices to unprecedented levels. This bold strategy caused a significant ripple effect in the financial world, ...
Substack
parallelsystems.substack.com › p › the-hunt-legacy-and-the-2025-silver
The Hunt Legacy and the 2025 Silver Crisis: Who Really Controls the Market?
October 15, 2025 - The Hunt brothers, Nelson ‘Bunker’ and his brother William, were already billionaires. Men of extraordinary means, who realized that the silver market was small enough that even they could control it.
Website
kotakneo.com › investing-guide › articles › brothers-who-broke-the-silver-market
Hunt Brothers & the Silver Crash: How Billionaires Broke the Market | Kotak Neo
December 18, 2025 - The time was around late 1970s, two Texas oil tycoons set out to corner the silver market. Drove the prices up by 400% in just months. What followed was one of the wildest boom-and-bust tales in financial history — with lessons investors still ...